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What was Jeff annualized HPR on this investment

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Question - Jeff Krause purchased 1,000 shares of a speculative stock on January 2 for $1.97 per share. Six months later on July 1, he sold them for $9.79 per share. He uses an online broker that charges him $10.00 per trade. What was Jeff's annualized HPR on this investment?

Reference no: EM133025596

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